August 29, 2019 - by Kjell Kahlenberg
As businesses evolve with time, they acquire and accrue a melee of systems, software, and technologies. But despite being surrounded by an abundance of technology, organizations struggle in devising actionable plans that drive efficiencies, cost savings, and support growth in an efficient and sustainable manner.
This is because these systems, which made sense at the time they were purchased, tend to become obsolete as the market evolves, technology disrupts, and organizations need change. For CIOs looking to drive value through IT investments, it is important to embrace a cloud app platform to promote effective use and maintenance of IT assets and devise strategies to drive an IT infrastructure for maximum ROI.
The business environment is constantly evolving. New applications, tools, and technologies are continuously being introduced which makes it critical for organizations to measure the effectiveness of their existing systems and their impact on business results.
There are several reasons why organizations must enable change through their IT to keep up with the constantly changing business landscape:
Despite the massive degree of IT disruption, today’s organizations struggle with converting resources into actionable plans because their IT systems are holding them back – restricting them from driving efficiencies, cost savings, and supporting growth in an efficient and sustainable manner. Such obsolete technology is also looked down upon by the modern customer who expects agility and innovation in products and services.
For such organizations, rationalization is a great way to identify and assess the real value of their IT assets (as opposed to the perceived value) while allowing them to capitalize on their investments and reduce IT complexity.
IT rationalization helps organizations make the right IT decisions while streamlining the process of IT management. Not only is it cost-effective for businesses in the long run, it is also long-lasting, and scalable. It helps organizations effectively manage the IT portfolio in a manner that is predictive, value-based, and promotes efficiency. Through a continuous review of IT assets, it ensures maximum operational capability and flexibility at the lowest cost.
As the public cloud service market grows to $331.2 billion by 2022 organizations on the road to digital transformation have a lot of benefit from. Cloud adoption is a great way for organizations to keep business and IT aligned, while enabling them to get rid of legacy systems that restrict them from easily meeting their goals.
IT rationalization using a cloud app platform offers modules and applications that are configured to specific business needs, allowing organizations to meet their goals faster:
IT investment decisions are never easy to make. While it is easy to assess the perceived value of an IT asset, given how each asset is integrated in a complex ecosystem of distinct processes, applications, and technologies, calculating the real value is a Herculean task.
In a digital transformation era, an IT rationalization strategy can enable businesses to harness real value from existing IT portfolios, while reducing the cost of IT management, and improving operational efficiencies. And with a cloud app platform, organizations can drive IT growth and innovation like never before.
By opening the doors to new standards for legacy and new systems, it helps organizations effectively design, operate, and maintain those applications. Irrespective of where you are in the rationalization journey, using a cloud app platform is a great way to drive business agility and innovation.
Learn more about how a cloud app platform can help your IT infrastructure journey.